Moving to Ohio: should you buy or rent?

The most common question in the modern era is whether to buy or rent. Well, right after the ”why did the chicken cross the road?” one. And what’s the best moving company? Joke aside, you probably heard it more than once in your life. The debate between the buyers and renters. And you probably heard someone saying that it is smarter to buy than to rent because you’re investing the money you’d give for the rent into the mortgage for the house or apartment. And that in the long run, it will pay off. But is it really that way? And that’s why we’re here. To sum up all the pros and cons of renting and buying. In this article, we’ll be focusing on Ohio. So here it is. Moving to Ohio: should you buy or rent?

So, why Ohio?

The hidden gem of the Midwest easily gets overlooked. And it’s a shame because it has a lot to offer – starting with food, sports, amusement parks and all the way to beautiful nature and job opportunities. Despite somewhat colder winters (and this varies from one person to another), it is an incredible place to live in. The three most popular cities are Cleveland, Columbus, and Cincinnati, and they are more than affordable.

This is one of the main reasons even people from far away, like Australia, choose moving to OH as an option. And if you’re an adrenaline rush lover, Cedar Point, the rollercoaster capital of the world. Sounds good, right? Then sit down, visit and start planning your adventure in the Buckeye State. Put down ”moving to Ohio” as your early New Year’s resolution.

Moving to Ohio: buy or rent?

Rent or buy – a pretty tough decision. For a lot of people, buying a house or an apartment is the biggest financial decision they will make. Therefore, it is important to be wise and confident in your choices. The most important thing to ask yourself is – how long do you intend to stay in one place? This is followed by more questions – how stable your job is, the monthly costs, and whether you are financially and emotionally ready for that challenge.

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Explore your options!

The truth is, there is no clear right or wrong answer. In some cities, and for some people, buying real estate makes more sense. But for others, renting may be a better choice. So in this article, we’ll try to sum up all the pros and cons of both renting and buying in Ohio. Let’s begin.

Buying in OH

Buying a house sounds like your childhood dream come true. But at the same time, it may sound a little scary and overwhelming. Choosing the right place and neighborhood, while trying to stick to your budget, a lot of time is invested in repairs and making it look like a ”home”. So, is it really true when they say that buying a home is actually saving money? Let’s look into the pros and cons of buying a place in Ohio:


  • Investment benefits: Living in your own place is already an investment by itself. But there are also financial benefits, because, unlike with renting, you get the appreciation on the entire home value and not just the gain you got with downpayment
  • Adapting the property to your needs: The biggest flex of all. YoU always fantasized about having a homeland decorating it the way you want it? Well, that’s a little difficult when you rent, because you need to ask the landlord for permission, no matter how small the change might be
  • Tax advantages: As a homeowner, you can file for tax returns every year. That way, owning a home is as cheap, or if not even cheaper than renting
  • Predictable monthly payment: Unlike with rent, you know that your mortgage rate won’t go up


  • It’s harder to move
  • Home prices may go down
  • More responsibility, and more costs for repairs

Renting in OH

As we already mentioned earlier in this post, there’s a lot of disagreement between the buyers and the renters. One of the main reasons for debating is that many people say that renting is a waste of money and that you could use that same money to pay the rent and have your own place in the end. But not everybody would agree with that.

A green plant in a clear glass filled with coins
Think about what will save you more money in a long run

It depends on various factors: your income, your interests, and most importantly, your age. Now let’s get back to some more pros and cons. Only this time it’s about renting when moving to Ohio:


  • No down payment: You are not required to put a down payment before renting an apartment, which, in a way, saves you some money.
  • No maintenance: You are not obliged to fix things around the apartment. In fact, your landlord should cover most of the costs, if not even all of them
  • Easier to move: It is easier to move when you’re not tied down to one place. You can change the apartment and location whenever you feel like it or whenever there’s a need for that.


  • Less stability and more rules – since you are not in your own place, you don’t make the rules.
  • No tax returns unlike when you own a home
  • Rent can easily go up, which happens often
  • Can’t renovate the apartment without consulting a landlord
  • You have to move out whenever your landlord says so

Whatever you choose, you’ll need help

No matter what you decide, one thing is for sure: you’re gonna need to put away everything you won’t use while you’re moving or in your new place. And the best way to do that is to contact professional moving companies that offer storage and packing and transportation services. It will save you some time and nerves, that’s for sure!

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Find help with moving!

Better make up your mind on time!

As you can see from everything we wrote before, according to people from Ohio, it’s definitely better to buy than to rent when moving to Ohio. A lot of advantages and benefits (financial and others too) are what makes Ohio a homeowners’ country. Now it’s up to you to decide whether you want to be one of them.

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